Category Archives: Uncategorized

S3: Episode 10 – Enjoying Retirement Requires Planning

November 22, 2021Finance, Financial, Financial Planning, Insurance, Retirement, Taxes, UncategorizedAnnuities, Finance, Financial Advisor, Life, Retirement Planning, Simplify Your Retirement, Wise Wealthsimplifyyourretirement

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What does retirement look like to you? How do you plan to enjoy your retirement?

In this episode, Stephen Stricklin is joined by clients Barry and Linda, who share how they are enjoying retirement, and how planning has made their retirement successful. He is also joined by a client, Jeff, who discusses the plans he and his wife Janie have for their own retirement.

They discuss:

Barry and Linda’s experience living in an RV and travelling around the United States in retirement
Jeff’s experience living on a lake with his family and what their future retirement plans hold
Barry and Linda’s advice for retirement planning and what they wish they had done sooner
Jeff shares what he’s been doing to ensure his daughter’s future, and why having a plan is so important
And more

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S3: Episode 9 – Give, Serve, And Above All, Enjoy Life With Mark Comfort

November 8, 2021Finance, Financial, Financial Planning, Insurance, Retirement, Taxes, UncategorizedFinance, Financial Advisor, Retirement Planning, Simplify Your Retirement, Wise Wealthsimplifyyourretirement

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Everyone wants to go on vacation. But work often limits the amount of time you can spend away.

In this episode, Stephen Stricklin is joined by Mark Comfort, owner of Cruise Holiday and Comfort Tours & Travel. Mark dives into the third part of the Wise Wealth mission statement, the ability to be free to enjoy life, and the role of vacations within your retirement goals.

Mark discusses:

The importance of saving disposable income for retirement
Mental and physical benefits of vacation
Why retirees go on more vacations
Mark shares his favorite vacation spots
And more

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Cruise Holidays

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S3: Episode 8 – How Creating A Legacy of Giving Back to Others Can Be Passed On

October 25, 2021Finance, Financial, Financial Planning, Insurance, Retirement, Taxes, UncategorizedCharity, Community, Community Involvement, Finance, Financial Advisor, Retirement Planning, Simplify Your Retirement, Wise Wealthsimplifyyourretirement

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Creating a legacy of serving others can inspire your children and those around you to serve and give back to their community.

In this episode, Stephen Stricklin is joined by his client Bruce. Bruce is a retiree, and formerly worked at Hallmark. In his retirement he has taken up the Wise Wealth mission of serving. Bruce shares the details of his involvement with a community organization and how his father inspired him to give back to others.

Bruce discusses:

His background working for Hallmark and how he got into serving
How his father influenced his desire to serve
Why he encourages others to seek a retirement planner early
The freedom his financial plan provides and how that enables him serve
And more

Resources:

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S3: Episode 7 – How Wise Women Embodies The Mission of Wise Wealth With Samantha Compton

October 11, 2021Finance, Financial, Financial Planning, Insurance, Retirement, Taxes, UncategorizedCharity, Finance, Financial Advisor, Investing, Investors, Retirement Planning, Serving, Simplify Your Retirement, Wise Wealth, Wise Womensimplifyyourretirement

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Women are a notoriously underserved demographic in the financial industry, even though they are often the ones in the family who make the financial decisions.

With the Wise Wealth mission to serve in mind, Samantha Compton created Wise Women, LLC.

In this episode, Stephen Stricklin is joined by Samantha Compton of Wise Wealth and founder of Wise Women, LLC. Samantha shares the history of Wise Women and the mission for the organization. She also speaks about what serving means to her, and how she has made a personal commitment to serve.

Samantha discusses:

How the pandemic impacted her willingness to serve and why she’s finding the purpose and desire to serve again
The types of education events available at the Wise Women meetings
Wise Women’s involvement in giving and serving
And more

Resources:

Connect With Samantha Compton:

Connect With Stephen Stricklin:

About Our Guest:

Like the company’s motto, “First Wisdom, then Wealth,” Samantha seeks to educate and empower her clients as she works with them to develop a long-term financial plan.

Samantha works with couples and single women and especially enjoys helping women feel more confident in understanding her financial plan.

Samantha’s credentials include being securities licensed, as well as maintaining both Missouri and Kansas insurance licenses. Additionally, she is a Women’s Investment Specialist and Founder of Wise Women, LLC – an organization that seeks to educate and guide women investors on the path to financial significance where they are free to give, serve, and live like never before.

Outside of work, Samantha enjoys traveling with her husband, Craig, and spending time with their three children, Gabe, Nathan and Lizzy. Samantha has always been a fan of music, and enjoys singing, playing guitar and Karaoke nights with her family!

S3: Episode 6 – What It Means To Be Free To Serve Others

September 27, 2021Finance, Financial, Financial Planning, Insurance, Retirement, Taxes, UncategorizedCharity, Finance, Financial Advisor, Humanitarian, Retirement Planning, Simplify Your Retirement, Wise Wealthsimplifyyourretirement

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This season Stephen talked about being free to give and spoke to several clients about what it means to give in their eyes. This episode Stephen transitions to talking about being free to serve.

In this episode, Stephen Stricklin is joined by his client Brad. Brad shares a little about himself and how he gives back to others, and is free to serve. He is chairman of the board at Children International in Kansas City, a humanitarian organization.

Brad discusses:

When he knew it was the right time to retire
How he serves both in his community and internationally
How you can work through foundations to multiply what you’re doing and how you’re serving
A detailed dive into his work and the work of Children International
And more

Resources:

Season 3, Episode 1
Season 3, Episode 2
Children International

Connect With Stephen Stricklin:

stephen@wisewealth.com
WiseWealth.com
Simplify Your Retirement
LinkedIn: Stephen Stricklin
LinkedIn: Wise Wealth LLC

S3: Episode 5 – What It Means to Give Through A Donor Advised Fund

September 13, 2021Finance, Financial, Financial Planning, Insurance, Retirement, Taxes, UncategorizedCharitable Giving, Charity, Donor Advised Fund, Finance, Financial Advisor, Retirement Planning, Simplify Your Retirement, Wise Wealthsimplifyyourretirement

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If you’re going to give, there’s a tax-efficient way to go about it, and you may as well take advantage of the smartest way to do so.

Enter: donor advised funds.

In this episode, Stephen Stricklin is joined by clients Larry and John, who each run a donor advised fund. They discuss how these funds work, and the primary advantages to giving through a donor advised fund. Larry and John share a few details about their own donor advised funds, why they were started and why they like to give.

Stephen, Larry, and John discuss:

What a donor advised fund is
Three primary advantages to using a donor advised fund
Their thoughts about what it means to be free to give
And more

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S3: Episode 4 – An Introduction to Qualified Charitable Distributions & Required Minimum Distributions

August 30, 2021Finance, Financial, Financial Planning, Insurance, Retirement, Taxes, UncategorizedCharitable Giving, Charity, Finance, Financial Advisor, Individual Retirement Accounts, Qualified Charitable Distributions, Required Minimum Distributions, Retirement Planning, Simplify Your Retirement, Wise Wealthsimplifyyourretirement

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This season we want to bring on our clients and share some of their stories of giving.

In this episode, Stephen Stricklin is joined by his client Bob. Bob and his wife Charlene are one of Wise Wealth’s clients involved in charitable giving. Stephen provides an overview of how qualified charitable distributions (QCDs) and required minimum distributions (RMDs) work in relation to charitable giving. Bob shares some of his personal stories about giving and how QCDs & RMDs tie into the overall conversation.

Stephen & Bob discuss:

Individual retirement accounts (IRAs), qualified charitable distributions (QCDs), and required minimum distributions (RMDs) and how they work
Bob shares his experiences dealing with IRAs, QCDs, RMDs and charitable giving
Why Bob and his wife Charlene take advantage of qualified charitable distributions
And more

Resources:

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S3: Episode 3 – What It Means To Give With Evan Lange

August 16, 2021Finance, Financial, Financial Planning, Insurance, Retirement, Taxes, UncategorizedFinance, Financial Advisor, Retirement Planning, Simplify Your Retirement, Wise Wealthsimplifyyourretirement

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Charitable donations have tax benefits, but that’s not the primary reason you should be generous.

In this episode, Stephen Stricklin is joined by Evan Lange, president of the Midwest Region for The Signatry. Evan shares what makes giving so great, looks at tax deductions individuals receive when they make a donation and explains what a donor advised fund is.

Evan discusses:

The primary motivation for why people give
Giving appreciated property to charitable organizations
Why you should be itemizing your deductions
Using donor advised funds
Best funds to use for Charitable Donations after age 72
How to experience the joy, peace and purpose of giving
And more

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Connect With Stephen Stricklin:

About Our Guest:

Evan Lange serves as the President of the Midwest Region for The Signatry. He works closely with financial advisors, attorneys, and business owners to develop strategies to minimize tax liability and maximize charitable giving. Evan is a licensed attorney and practiced law at top firms in Kansas City prior to joining The Signatry.

S3: Episode 2 – Understanding The Wise Wealth Mission

August 2, 2021Finance, Financial, Financial Planning, Insurance, Retirement, Taxes, UncategorizedFinance, Financial Advisor, Retirement Planning, Simplify Your Retirement, Wise Wealthsimplifyyourretirement

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What does it mean to be free to give, serve, and to enjoy life in retirement?

In this episode, Stephen Stricklin explores the Wise Wealth mission statement and explains each component. He shares how Wise Wealth guides people to a happy retirement and what it means to be financially significant.

Stephen discusses:

Understanding what it means to be free to give and free to serve
How the sequence of return risk can impact a happy retirement
What is the driving force behind planning for financial success
The Wise Wealth mission statement
And more

Resources:

Season 1, Episode 5
Season 2, Episode 7
Season 2, Episode 8

Connect With Stephen Stricklin:

stephen@wisewealth.com
816-246-9473
WiseWealth.com
Simplify Your Retirement
Stephen Stricklin on LinkedIn

S3: Episode 1 – Recapping Season 1 and 2

July 19, 2021Finance, Financial, Financial Planning, Insurance, Retirement, Taxes, UncategorizedFinance, Financial Advisor, Retirement Planning, Simplify Your Retirement, Wise Wealthsimplifyyourretirement

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Welcome to a brand-new season of Simplify Your Retirement!

In this episode, Stephen Stricklin recaps seasons 1 & 2 of Simplify Your Retirement to get you up-to-date and ready for season 3! Additionally, Paul Brock, COO for Wise Wealth is reintroduced as our new co-host. Don’t miss this first episode of our new season!

Stephen discusses:

A review of the different phases of your investment life; accumulation, preservation & distribution
Why a paradigm shift is needed between each phase and which phases have the most risk
Understanding all the challenges and risks specific to the stage of your investment life
Risks associated to each phase; inflation, average vs real rate of return; sequence of return, healthcare, taxes, long term-care
Requirements of a sound retirement plan
Discussion of various industry experts included in season 2 that complete the planning process
What to look forward to with season 3
And more

Resources:

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